We present evidence that an increase in investment as a share of GDP predicts a higher growth rate of output per worker … coefficients. They are robust to model specifications and estimation methods. The evidence that investment has a long-run effect on …

dynamics as investment conditions are similar. Our results are consistent with this hypothesis. Furthermore, there is no …

We study the implications of product market competition and investment for price setting, wage bargaining and thereby …

The empirical identification of non-linearities in investment relies on how investment is assumed to be separated into … investment which allows us to observe regime separation, an aspect of the data that is typically absent from previous empirical … concentrating investment in a single year. Moreover, there is evidence that investment is more sensitive to fundamentals in the high …

an alternative way to model whether firms export or not, namely as a firm-level decision akin to an investment decision …

stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain …

channels of the capital stock effects, i.e. using variables like interest rates or investment ratios in the estimation of …